Anticipated back-to-school (BTS) shopping expenses are expected to reach $41.5 billion, exceeding the previous record of $37.1 billion set in 2021 and the $36.9 billion in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With the increase in travel, brands, retailers, and solution providers are striving to capture a larger portion of the consumer expenditure to expand their market share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Federal regulators want the public’s input into new guidelines governing mergers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not only marks the luxury retailer’s first venture into international territory but also contradicts the wishy-washy buying patterns observed among Chinese...
TikTok reportedly failed to fully pass a recent test conducted by the European Union’s governing body, raising concerns that the popular social media platform is not yet compliant with upcoming regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
With consumers pulling back on unnecessary purchases amid macroeconomic challenges, direct-to-consumer (D2C) beauty brand Half Magic is seizing on its founder’s wide social following to keep shoppers coming back even as they mind their budgets more carefully. Get the Full Story Complete the form to...
Opinions may vary, but Hollister Co. has left a lasting impression on those who came of age in the early 2000s. Renowned for its beach-inspired ambiance, low lighting, and captivating fragrance that hovered between inviting and overwhelming, the brand offered a memorable shopping experience. Get...
China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry had relied on a revival in China to offset the sluggishness in the U.S. market. However, this lifeline is no...
